Disclaimer Statement

Updated:

Author: Engineer USC

LRCX Stock Forecast & Lam Research Corporation Chart Analysis

This article provides a detailed analysis of LRCX-Lam Research Corporation stock including a forecast for LRCX shares. It features Lam Research Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

LRCX Historical Data Review

LRCX Current Price Performance Analysis

The Lam Research Corporation - LRCX stock traded on the American stock market, on 06-05-2024, closed at 971.72$ with a %5.31 increased compared to the previous day.

In the last month, the price of LRCX changed by %5.10 increased in value, from 924.54 dollars on 05-06-2024 to 971.72 dollars, increased.

Last year, the price of LRCX was 612.2 dollars on 06-06-2023, and changed by %58.73 increased in value, to 971.72 dollars increased within a year.

The price of Lam Research Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

LRCX with AI Stock Forecast & Price Target

LRCX stock forecast Lam Research Corporation price target

On the LRCX chart Lam Research Corporation price was recorded as 971.72 Dollars on 06/05/2024.

The artificial intelligence's forecast on LRCX stock is as follows.

The artificial intelligence's prediction error margin for LRCX stock is moderately high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Lam Research Corporation stock over the next 4 months is: 1019.7 Dollars.

The commentary on LRCX stock Target Price: Highest: 1133.999 Dollars is predicted.

The commentary on LRCX stock Target Price: Lowest: 891.94 Dollars is predicted.

Resistance Price where Lam Research Corporation stock will Rise and Fall:

Date Price Prediction
06-25-2024 961.123
11-27-2024 1128.564
01-16-2025 1082.276

Support Price where Lam Research Corporation stock will Fall and Rise:

Date Price Prediction
09-13-2024 891.940
01-06-2025 1082.013
03-12-2025 1033.273

The commentary on LRCX stock: The target price can generally be said to be on the decline.

The commentary on LRCX stock: Fluctuations in the target price can be expected in the coming days.

The target price for Lam Research Corporation stock by the end of 2024 is predicted to be 1090.012 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on LRCX stock, and the 2024 target price predictions for Lam Research Corporation are detailed above.

The technical analysis and charts for the commentary on LRCX stock are below.

LRCX Support & Resistance and Trend Analysis

LRCX review Lam Research Corporation technical analysis trend chart LRCX priceLRCX stock support and resistance price chart

LRCX stock you have reviewed the technical analysis support resistance charts regarding.

LRCX : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the LRCX review, the Lam Research Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Lam Research Corporation Support and Resistance Prices:

LRCX Support Level Price LRCX Resistance Level Price
687.18 730.99
723.25 737.99
815.67 801.29
857.98 913.82
861.95 934.53
862.09 955.07
871.97 982.45
886.75 992.66
896.52 1001.84
903.15 1007.39
905.60
944.00

LRCX Technical Analysis: SMA, RSI, MACD

LRCX review Lam Research Corporation SMA chart analysis LRCX priceLRCX buy or sell review Lam Research Corporation MACD chart analysis LRCX price

Upon reviewing the LRCX chart, buy and sell signals have been generated in the Lam Research Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for LRCX stock are as follows:
  1. The technical analysis for LRCX indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for LRCX indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Lam Research Corporation issued a 'Buy' signal when the MACD was at 7.017, with the current MACD value being: 7.017

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Lam Research Corporation stock: Click here to read more predictions on Sanofi stock.

Click here for price target predictions and technical analysis charts of other American stocks